Abbreviated Company Accounts - THE CHEDER LIMITED

THE CHEDER LIMITED - Company Information

Registered Number 06386034

THE CHEDER LIMITED

Abbreviated Accounts

31 October 2016

THE CHEDER LIMITED Registered Number 06386034

Abbreviated Balance Sheet as at 31 October 2016

	Notes	2016	2015
		£	£
Fixed assets
Tangible assets	3	1,500,000	1,500,000
		1,500,000	1,500,000
Creditors: amounts falling due within one year		(35,034)	(33,491)
Net current assets (liabilities)		(35,034)	(33,491)
Total assets less current liabilities		1,464,966	1,466,509
Creditors: amounts falling due after more than one year		(374,531)	(397,924)
Total net assets (liabilities)		1,090,435	1,068,585
Reserves
Income and expenditure account		1,090,435	1,068,585
Members' funds		1,090,435	1,068,585

For the year ending 31 October 2016 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

Approved by the Board on 30 August 2017

And signed on their behalf by:
Mr F Getter, Director

THE CHEDER LIMITED Registered Number 06386034

Notes to the Abbreviated Accounts for the period ended 31 October 2016

1Accounting Policies

Basis of measurement and preparation of accounts
The financial statements have been prepared under the historical cost convention and in accordance with Accounting and Reporting by Charities: Statement of Recommended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard for Smaller Entities published 16/07/14, the Financial Reporting Standard for Smaller Entities (effective January 2015) and the Companies Act 2006.

Other accounting policies
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy.

Income from investments is included in the year in which it is receivable.

Expenditure is recognised on an accrual basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered and is reported as part of the expenditure to which it relates.

Support costs are those incurred to assist the work of the charity but are not direct charitable activities.

Governance costs are those incurred in connection with administration of the charity and compliance with constitutional and statutory requirements.

In accordance with the Financial Reporting Standard for Smaller Entities (effective January 2015) no provision is made for depreciation in respect of freehold properties or leasehold properties with more than 20 years remaining as investments. This departure from the requirements of the Companies Act 2006, which requires all properties to be depreciated is, in the opinion of the directors, necessary for the accounts to show a true and fair view.

2Company limited by guarantee
Company is limited by guarantee and consequently does not have share capital.

3Tangible fixed assets

	£
Cost
At 1 November 2015	1,500,000
Additions	-
Disposals	-
Revaluations	-
Transfers	-
At 31 October 2016	1,500,000
Depreciation
At 1 November 2015	-
Charge for the year	-
On disposals	-
At 31 October 2016	-
Net book values
At 31 October 2016	1,500,000
At 31 October 2015	1,500,000